Ben has been with his girlfriend for 5 years and feels that the time is right for them to get married. They have talked about it before and decided to wait until they both had good jobs, and now they feel they have.
He works as a chef in the local Pub and earns £17,000 a year.
They have some savings but have decided to keep them saved for a deposit on a house.
Ben wants to buy an engagement ring for his girlfriend, he has done some research and normally people spend between £2000 and £2500 on a ring, Ben wants to spend as much as possible to get the best ring he can afford. He doesn’t want to use his savings as it is a surprise for his girlfriend.
Ben decides to pay for the ring with a credit card, as he needs to save up the money for the house with his girlfriend. He can pay the money he borrowed back eventually.